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, president of the california business roundtable. hello to both you. ian a you heard mr. hofmeister knows a thing or two about this. we can knock the saudis off and change world politics and changes our balance of trade. will the epa block it, diana? >> well, i don't know but maybe we should listen to what president obama was saying last year. he was brag being the oil and gas development we have in the united states. we got to remind him about that when the new epa regulations come out. so we -- we want to make sure he doesn't bring out those old ozone regulations that he shell of ad couple of years ago because he said they would damage the economy. our economy is growing slower now than it was then. we are really regulating to disaster. >> epa in 2010, diana? $23 billion of regulatory costs for the year 2010. >> that's what epa says. it is really probably a lot more than that. i mean, thee regulations, the mercury, the car ever carbon, ozone, each cost $100 billion each. >> all right. >> they don't have to justify them with benefits because it is maximum achievable control technology. i
't do it. anyway, tyson, thank you. dan mitchell, thank you. now let's talk about california with crashing production and a 13% top state income tax rate. no kidding. no surprise. companies are fleeing the state. but where will they end up? we are about to show you. those little things still get you. for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immediate medical help for an
'm not hearing any such thing. >> and you won't. i live in california. we just now passed a measure that raise the state income taxes to 13.3%, the highest in the nation, and the president of the l.a. city council is going back to the voters and asking for another increase in sales tax. it's never enough. the left never gets enough taxes. we spend more on k-12 than any other country and ask any teacher, educrat if they want more money and they will say less. it's never enough for the left. >> well, you know, larry, i don't know which larry i'm talking about, the fiscal deliver, the whole discussion about the fiscal cliff to me is a farce and the reason why is because it's based on this notion that somehow too much deficit reduction is a bad thing. you can't have it both ways. you can't say you want to reduce the deficit and that's a priority and on the other hand we have a fiscal cliff that would reduce the deficit and you're opposed to that because you -- you don't want to increase taxes. >> i want to reduce the deficit. you're absolutely wrong. i want to reduce the deficit j why are you afra
california has done? do you know what after tax rate of return on assets held in california is happened? it just plummeted. that's a very large share of the u.s. economy. we're noncompetitive in the world and we will have a real serious recession in 2013 unless something is really done quickly. >> jared, i just want to ask you a question. >> sure. >> you hinted -- this is really important. where we are going tonight is more politics than economics. >> okay. >> you kind of hinted that we might cross through the year, that we might fall off the cliff. if only for a short period of time. now as someone who worked in there years ago as arthur did, short period of time, you will take the better part of the winterer to make a deal. so we are going to go into recession. the question is, do you think the president can take that and do you think he can really blame republicans? is it that easy, or is all hell going to break loose in the country? >> i think it will be absolutely terrible if we go over and stay over the cliff long enough for recession. i don't care who blames whom but i will blame
over the country as far as canada and california. i think we ought to really compliment the utilities for the job they're doing. >> believe me, i'm not criticizing the men, the workers, the women. i'm not criticizing that. i'm not even criticizing you. i'm criticizing this crazy system. michelle and i talked about this last evening. get these bottlenecks, you get the national emergencies, and in comes the infrastructure problem and you ask yourself doctor. and today a lot of angry new yorkers are asking themselves why.doctor. and today a lot of angry new yorkers are asking themselves why. >> the second night in a row where you for example say we should compliment the utility industry. our issue isn't with the industry. it's with the politicians who don't allow prices to go to places that would improve infrastructure and when everything fails, they blame the utilities. so it becomes a pumping bag when in fact you're probably not necessarily the problem. >> it's not a small price tag. you're talking about between $500 billion to $600 billion to bring it up to modern standards with digit
of california, he welcomed the various immigrant groups coming in. >> always. >> jimmy, you're going to have a test now with this fiscal cliff business. will the republican leadership stay true to their economic principles, namely limited government, lower spending, low tax rate reform, et cetera, et cetera? or are they going to sound like democrats? in other words, everybody wants a deal, jimmy, but a bad deal be a bad idea. >> we have an economy which is not particularly strong. the last thing it needs is a bunch of tax hikes. i was heartened that speaker boehner said he was against raising marginal tax rate. there's other ways you can get revenue, whether through growth, getting rid of crony capitalist tax deductions. i think that's a great place to draw a line in the sand. >> we can't cave on -- >> jennifer ruben, you're not so much the economist. how do we right now, how does the gop get off to a better start on attracting a more inclusive party? what ed rodgers called a big tent. i rather like that notion of a big tent. not all conservatives do. darn it, i'm a conservative. conservativ
Search Results 0 to 5 of about 6